British tailoring business English Cut is being marketed for sale, after it fell into administration last week.
Simon Thomas and Arron Kendall of restructuring and insolvency firm Moorfields Advisory were appointed joint administrators on 31 July.
Thomas said that the business is continuing to trade, with no redundancies at this stage.
He said: “Moorfields [is] in the process of marketing English Cut for sale with a view to preserving the brand, orders and jobs.
“English Cut has a solid reputation and a loyal client base and we are pleased to say that there have been expressions of interest in the business. We remain hopeful that a sale can be achieved and the business rescued in the near future.”
English Cut, which used to be located on Savile Row, moved to London’s Chiltern Street in Marylebone in November.
It was founded in 2001 by former Anderson & Sheppard head cutter Thomas Mahon.